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215 MB
An accessible guide to option gamma trading, from basic definitions to more advanced gamma hedging and gamma trading techniques as practiced by professional option traders. Starting from first principles, option gamma is explained in straightforward English before separate sections on gamma hedging, gamma trading and advanced gamma trading ideas. Simple but detailed examples are provided throughout. Four sets of exercises, complete with solutions, are provided to test the reader’s understanding. A basic glossary of terms is also provided
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